Summerlin golf course sells for $30.5M

Bear’s Best Las Vegas golf course in The Ridges neighborhood of Summerlin has sold for $30.5 million.

The property sits on over 200-plus acres located just west of the 215 Beltway in Summerlin South, and includes golf great Jack Nicklaus’ favorite holes on the course.

The course has won a number of awards and was named one of the best places to play by Golf Digest.

The buyer is Mulligan Holdings LLC, which is headquartered in Las Vegas, but has California-based businessman Andrew Pascal listed as a manager. Pascal is the co-founder and CEO of PlayStudios, an online gaming and gambling app and website.

Pascal previously was president and COO of Wynn Las Vegas from 2003-10, according to his LinkedIn profile. Also named as one of the managers of Mulligan Holdings is Mike Mixer, who is the chairman and former executive managing director and co-founder of the Colliers International Las Vegas office. The company provided the following statement via email to the Las Vegas Review-Journal.

“We will continue to prioritize the golf experience for our daily players and want to thank the incredible team that has made Bear’s Best one of the premier golf courses in the Las Vegas Valley. As we prepare for the next chapter, we look forward to redeveloping Bear’s Best into a world-class golf club, and social hub for the surrounding community, while further elevating Las Vegas as a globally recognized golf destination.”

Bear’s Best Las Vegas L.P. is headquartered in Dallas. Calls and emails from the Las Vegas Review-Journal to both the buyers and seller were not immediately returned.

A previous version of this story incorrectly spelled the name of Andrew Pascal.

Contact Patrick Blennerhassett at pblennerhassett@reviewjournal.com.